87a rebate

First of all TDS is to be included for assessment of income, as it is part and parcel of the income.

In your example if that income inclusive of TDS is say 2.90 lakhs, tax over it will be Rs. 4000/- ( @ 10% for AY 2017-18)

Rebate u/s. 87A maximum deductible in this case is Rs. 4000/-.....

Tax payable Nil

Hence TDS deducted is fully refundable.......

Originally posted by : assessee
	@ Raja Thanks for the reply sir.I would have been more happy if you have given the answer.

You are most welcome Dear...

Also I stand above said replies from our experts Mr Dhirajlal Rambhia Sir and Mr Ashiwini Ballodia Sir...